Property for Auction in Sarpavaram., Kakinada, Andhra Pradesh
Auction ID:543291
Bank Name:Canara Bank
Branch Name:Kakinada Branch
Reserve Price:₹1,71,74,000
EMD:₹17,17,400
Service Provider:BAANKNET
Submission Date:11-08-2025 04:00 PM
Bid Start Date:12-08-2025 11:00 AM
This auction offers a valuable residential plot located in Sarpavaram, Kakinada, within the state of Andhra Pradesh. Situated in a well-connected locality, the plot is ideal for residential development. The property is being auctioned by Canara Bank under the SARFAESI Act. Its exact dimensions and specific location details will be made available to serious bidders. Kakinada is a rapidly growing city known for its industrial and economic potential, making this plot a promising investment.
State:Andhra Pradesh
City:Kakinada
Area:Sarpavaram.
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Sarpavaram, Kakinada, Andhra Pradesh. The auction, initiated by the bank to recover dues from M/s Sai Venkata Amrutha, features a competitive bidding process. The reserve price is set at ₹1,71,74,000.00, with an Earnest Money Deposit (EMD) of ₹17,17,400.00 required to participate. This is a prime opportunity to acquire a plot in a developing area. Interested bidders should ensure they meet all eligibility criteria and submit their bids within the specified auction window.
Borrower Name:M/s Sai Venkata Amrutha
Auction Type:SARFAESI Auction
Ph: 7013880043, 8333057117